Lithium Americas Corp (LAAC)

[Billjet17]

Fundamental or Fact based with DD is the way You don't have to look too far to find empirical evidence backing up the merits of fundamental analysis. The pantheon of successful investors tells the story. Ben Graham, Warren Buffett, Peter Lynch, John Templeton, Shelby Davis, Philip Fisher, George Soros, David Dreman, John Neff, and many others all soundly whooped the market using fundamental analysis. They all have different approaches (for instance, Soros tends to focus on macroeconomics), but there isn't a technical analyst in the bunch. In fact, I defy you to name a group of technical analysts with a long-term track record that comes anywhere close to the names above.

The more you dig, the weighter the evidence against technical analysis gets. An October 2009 study by New Zealand's Massey University tested more than 5,000 technical analysis strategies in 49 different countries. The result? Not one strategy generated returns that aren't predicted by chance.

Let me repeat that. Not one. Regards Jet